Desert Gold Ventures (TSXV: DAU) closed this week the acquisition of Ashanti Gold Corp (TSX-V: AGZ), a move that caused the Canadian company’s stock to jump 7.5% in the past five days.
News ID: 6142 Publish Date : 2019/08/24
Gold hit a six-year high on Friday as investors piled into the safe haven metal amid an escalating US-China trade war, and the prospects of a return to ultra-loose monetary policy by the Fed.
News ID: 6140 Publish Date : 2019/08/24
Stornoway Diamond Corporation (TSX-SWY) has officially been put on notice this week, facing a delisting review from the Toronto Stock Exchange.
News ID: 6138 Publish Date : 2019/08/24
Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season window closed, Indian farmer Babasaheb Mandlik ran out of choices – he pawned his wife’s gold jewellery.
News ID: 6120 Publish Date : 2019/08/22
West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) said on Tuesday it had received an expression of interest from its majority shareholder, Avesoro Jersey Limited (AJL), which wants to acquire the shares in Avesoro it doesn’t already own.
News ID: 6073 Publish Date : 2019/08/20
Antioquia’s Autonomous Regional Corporation Corantioquia filed an administrative claim that allows it to lay charges against Minera de Cobre Quebradona, a subsidiary of AngloGold Ashanti (JSE:ANG) (ASX:AGG) (NYSE:AU), in Colombia’s northwestern Antioquia department.
News ID: 6056 Publish Date : 2019/08/19
In its 2018/19 Full Year Financial Results, published on August 16, 2019, Newcrest Mining (ASX: NCM) announced that it has started a process aimed at divesting a least a 26% interest from its current 75% ownership of the Gosowong gold operation in Indonesia.
News ID: 6055 Publish Date : 2019/08/19
West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) has regained control of its Youga gold mine in Burkina Faso after being forced to halt operations last week.
News ID: 6025 Publish Date : 2019/08/18
Embattled Acacia Mining (LON:ACA), Tanzania’s top bullion producer, has resumed exports from its largest mine in the country, but noted that ore processing is now officially halted, as a ban issued by the government last month has come into effect.
News ID: 6023 Publish Date : 2019/08/18
Ongoing anti-mining protests in Peru, triggered by the recent approval of a now halted construction permit for Southern Copper’s (NYSE:SCCO) $1.4 billion Tia Maria project in Arequipa, have extended to Anglo American and Mitsubishi’s $5 billion Quellaveco project, in the neighbouring region of Moquegua.
News ID: 5988 Publish Date : 2019/08/16
Africa’s largest money manager sees “significant investment opportunities” in West African gold mining as the industry at the southern end of the continent declines.
News ID: 5987 Publish Date : 2019/08/16
K92 Mining (TSXV: KNT) reported on Thursday its operating and financial results for the second quarter, during which the Vancouver-based gold miner saw record tonnes processed and achieved total production of 19,652 oz gold-equivalent (AuEq) from the Kora North deposit with cash costs of $551/oz gold and AISC of $681/oz gold.
News ID: 5986 Publish Date : 2019/08/16
The government of Armenia published Wednesday the results of a long-awaited public audit on Lydian International’s (TSX:LYD) Amulsar gold project, which states there are no grounds for criminal proceedings against the company.
News ID: 5938 Publish Date : 2019/08/15
Anglo American’s De Beers, the world’s No.1 diamond miner by value, will once again let buyers reject some of the precious stones at the company’s upcoming sale amid weak prices and miners facing challenging times, especially those producing cheaper and smaller stones where there is too much supply.
News ID: 5936 Publish Date : 2019/08/15
Australia’s Northern Star Resources (ASX:NST) has been signalled as the frontrunner to acquire Barrick Gold’s (TSX:ABX)(NYSE:GOLD) 50% stake in the Super Pit, once the country’s biggest open-pit gold mine, located in Kalgoorlie, Western Australia.
News ID: 5935 Publish Date : 2019/08/15
Despite higher production, Lucara Diamond (TSE: LUC) saw lower revenue in its second quarter than the same period a year earlier, highlighting a difficult environment for diamond miners.
News ID: 5869 Publish Date : 2019/08/12
Lydian International (TSX:LYD) will know next week whether the Armenian government will allow the company to continue building its Amulsar gold mine, located in the mountainous south of the country.
News ID: 5867 Publish Date : 2019/08/12
Premier Gold Mines (TSX:PG) expects its Mercedes operation in Mexico to grow production in the second half of 2019, although the miner believes output will be on the low end of its 75,000-85,000 ounces of gold guidance and on the high-end of projected costs.
News ID: 5866 Publish Date : 2019/08/12
Scientists have created a new form of gold so thin that it could form the basis of artificial enzymes for potential use in rapid, point-of-care medical diagnostic tests and in water purification systems.
News ID: 5865 Publish Date : 2019/08/12
Gold futures rallied above $1,500 an ounce on sustained demand for the traditional haven as the US-China trade war festers, global growth slows and central banks around the world ease monetary policy.
News ID: 5834 Publish Date : 2019/08/07
